When was the last time you thought about the possible risks when you are on the road? With the number of vehicles on the road, driving a car in a metro is a serious headache. So what is the solution when you want to go grocery shopping or a small one kilometer ride? Surely you would not want to take your car out for such a small drive. Using your bike in such a circumstance is bliss! The risks are quite plenty though to be frank, when you are riding a bike there are higher chances of you having a fall or a collision. How can you secure yourself? Your first step would be by knowing what is bike insurance and just how helpful it is.
Having bike insurance may not help you avoid an accident, but it can surely help you at the garage station when you have to pay a huge bill. Many people may argue that bike insurance is not required as long as you are safe on the road. The best part of having an insurance cover is that you can always bank on the insurer in case you have an accident you could not avoid.
Let’s look at an example where you park your bike under a coconut tree. Say a coconut falls on your bike and causes a huge dent; this event is beyond your control. There was nothing you could have done to avoid this scenario. Fixing the dent would burn a deep hole in your pocket, however if you had insurance cover for your bike, you need not worry about a thing.
Over the years, most of our tedious tasks have been made a lot easier by completing it online. There used to be heavy paper work and a hassling approval process before you had bike insurance.
In the recent past however you can buy online bike insurance with ease. There are plenty of options available online with easy EMI options too. Keeping a track of the most suitable plan though is the most important thing.
You do not want a policy that does not make sense to your requirement. So always ensure you buy online bike insurance that matches your exact need.
There are mainly three types of bike insurance: Third party, third party with fire and theft and comprehensive bike insurance.
Research in detail to know which plan and policy is most suitable for your need. After all, What is bike insurance without a good policy?